All of the following are variables that can be manipulated to affect fiscal policy except:

CA Foundation · Business Economics · MTP · September 2026
All of the following are variables that can be manipulated to affect fiscal policy except:
(A) A. personal income taxes
(B) B. government expenditures on goods and services
(C) C. government expenditures on unemployment benefits
(D) D. the rate of interest

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. the rate of interest

Topics: Public Finance

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